We’ve got two really nice dojis formed on the EURJPY daily chart. The wicks are quite long, and in the direction of the (preceding) trend, so if my reasoning is right, we will see a good upward move next week.
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Also, EUR/USD supports my view:
In what sounds like a phone conversation, Jim Rogers, currently based in Singapore (he gave up on the US economy and moved out a few years ago , before the Oct/Nov 2008 stock market crisis), a contrarian investor and chairman of Rogers Holdings, reveals why he bought euros even though he has doubts about the sustainability of the European Union (in the longer-term).
It’s 04:43am GMT, Thursday.
Yesterday’s candle has a long lower wick which should indicate the end of the 3-day downtrend, as yen buying would weaken. (Or so I would want it to be, as I hold a long EURJPY, wouldn’t I? 
Here’s the daily chart as of now:
The dollar climbed versus the euro on Wednesday after a report showing a drop in new U.S. home sales weighed heavily on stocks and diminished investors’ interest in relative riskier assets and currencies.
The Commerce Department said sales of new homes dropped 33% in May to a record-low pace of 300,000.
“The extent of the contraction was underestimated, prompting many to downgrade expectations for June and July,” said Michael Woolfolk, senior currency strategist at BNY Mellon. “Disappointment over new home sales fed into a receptive bearish market” in stocks, weighing on the euro.
